Walt Disney and Walden Media have announced a May 16th, 2008 release date for their upcoming sequel The Chronicles of Narnia: Prince Caspian. And they also have marked May 7th, 2010 as the release date of their third installment The Chronicles of Narnia: The Voyage of the Dawn Treader. But what are Walden Media's plans after these two projects hit theaters?

Cary Granat, president and co-founder of Walden Media, recently told Variety about his plans for the future:

RELATED: Chronicles of Narnia Producer Wants a Netflix Series Instead of a Movie

Hopes are highest for "Prince Caspian," which will cost at least $100 million. Granat promises that the battle-filled sequel is easily distinguishable from its predecessor and the third pic on the sked, The Chronicles of Narnia: The Voyage of the Dawn Treader.

Producers had announced at Comic-Con in July that auds could expect one "Narnia" installment each May for the next few years. Granat is committing publicly to only four or five, saying that "Silver Chair" might be the best bet for the fourth, followed by "Magician's Nephew," but he admits that there are a multitude of possibilities.

"There are a lot of stories to be taken from the seven books," he notes.